Technologies

2019 – 2024 United States Foodservice Market Covers Current Market Scenario, Market Dynamics with Market Drivers, Restraints, and Upcoming Opportunities

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The “United States Foodservice Market” report delivers data about the landscapes which drive the development of United States Foodservice industry. The United States Foodservice market consists of large key companies who play a vital role in the production, manufacturing, sales, and distribution of the products. United States Foodservice market research report provides crucial information related to overall United States Foodservice market with respect to market size, applications, end-user industry size, types, and various other factors.

Scope of the Report:

  • The scope of the United States Foodservice Market includes segmentation of food service providers in the country by Type: Full-Service Restaurant, Self-Service Restaurant, Fast Food, Street Stall and Kiosk, Cafe and Bar, and 100% Home Delivery Restaurant. Further segmentation is done on the basis of food service Structure under Independent Consumer Foodservice and Chained Consumer Foodservice.

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    Market Overview:

  • United States Foodservice Market market is forecasted to reach USD 731.8 billion by 2024, witnessing a CAGR of 3.7% during the forecast period (2019 – 2024).
  • – Primary factors driving the market for food service restaurants in the US include the increased digitalization of food service, thus, consumers find it comfortable to book prior, and make an online payment.
  • – Fast food service restaurants focusing on organic produce, and healthy food is the future spotlight for the market. Organic food demand is growing at a fast rate in the United States.
  • – However, the increased obesity and health awareness among consumers are affecting the market growth, as most of the fast food is unheal

    Competitive Landscape: The report also presents the market competitive landscape and a corresponding detailed analysis of the major players in the market. United States Foodservice Market Segment by Key Players 

  • McDonald’s Corp.
  • Yum! Brands Inc.
  • Doctor’s Associates Inc.
  • Seven & I Holdings Co. Ltd.
  • Burger King Worldwide Inc.
  • Starbucks Corp.
  • Chipotle Mexican Grill Inc.
  • Papa John’s
  • Dunkin’ Donuts

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    Key Market Trends:

    Consumer Spending in Quick Service Restaurants (QSR)

    Quick service restaurants (QSRs) are fast food restaurants, set apart from full service or table restaurants by their limited menus, minimal table service and, as their name implies, fast service. QSRs are popular in the United States, it was estimated that there were 194,723 quick service restaurant franchise establishments in 2018. Quick service restaurants include limited-service eating places, cafeterias, fast-food restaurants, beverage bars, ice cream parlors, pizza-delivery establishments, carryout sandwich shops, and carry out service shops with on-premises baking of donuts, cookies, and bagels. Contemplating the ease of food consumption in QSRs has lead people US population to spend in these restaurants and therefore, driving the country’s foodservice market.

    Growing Online Food Delivery Services

    The online food delivery services by restaurants as well as various platforms have surged the foodservice market in the United States. Restaurants and other food service providers have been actively engaging in digitalizing their operations and furthermore, there has been a rise in the number of consumers who prefer to order food online and the number expected to grow as well. The home delivery system mainly in the case of pizza has been another major driver for the market. Online platforms to order food for delivery have been successful concept due to the ease of choosing the food items and convenient payment procedure. Notably, in 2018, more than 70 million consumers in the United States engaged in ordering food online from restaurants.

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    There are 4 key segments covered in this United States Foodservice Market report:

    • Competitor segment
    • Product type segment
    • End-use/application segment
    • Geography segment

    What does this report deliver?

    • Comprehensive analysis of the United States Foodservice market with respect to regions.
    • Complete coverage of all the segments in the United States Foodservice market to analyze the trends, developments in the global market and forecast of market size up to 2024.
    • Comprehensive analysis of the companies operating in the United States Foodservice market.
    • The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
    • The growth matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.

    United States Foodservice Market Report TOC Contains the Following Points:

    • Introduction of Market or Scope of Report
    • Research Methodology of United States Foodservice Market
    • Executive Summary of United States Foodservice Market
    • Overview of United States Foodservice Market
    • Market Drivers, Restraints, Opportunities, and Key Challenges of United States Foodservice Market
    • United States Foodservice Market Segmentation by Product Type, Applications, and End-Users
    • Competitive Landscape by New Product Launches, Mergers & Acquisition Analysis, Agreements, Collaborations, and Partnerships
    • United States Foodservice Market Analysis by Key Players
    • Future Trends and Recent Developments of United States Foodservice Market

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